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Aug 27, 2013
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bush and barack obama. what are the opsuns given the military has made it alert the chemical weapons are not acceptable. >> well, there are a brood range of messages. if you just want to make it clears after you are finished that it is not a good idea to do it again. so the mission objective determines all of this. but you are not going to attack the chemical weapons themselves because that is too dangerous. so that means in my view, you have a range of military targets that you could strike. air bases, ground basis. air forces. aircraft on the ground and ground force units. >> do you strike women this missiles, bombers, something more -- even closer to the targets? >> i think you want to do them in a way that minimizes the risk to your forces, so i think b2 bombers which are generally well out of reach of air defenses and cruise missiles as well. >> the military says it is a target-rich environment, i assume? >> i think there are a range of targets you could go after, but a key goal of this operation too w
bush and barack obama. what are the opsuns given the military has made it alert the chemical weapons are not acceptable. >> well, there are a brood range of messages. if you just want to make it clears after you are finished that it is not a good idea to do it again. so the mission objective determines all of this. but you are not going to attack the chemical weapons themselves because that is too dangerous. so that means in my view, you have a range of military targets that you could...
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Aug 28, 2013
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of food aid to north korea, nor did it result in north korea returning to six parties talks and the obama administration has said that kings visit is limited to securing kenneth bay's release. be uh this invitation can be seen as north korea's latest charm offensive, and it follows north korea's agreement to hold family reunions between north and korean south korean families as well as aagreing to resumpsion of communities in industrial park. >> emergency crews are still trying to extinguish california's record breaking wild fire near a popular national park. nearly 4,000 firefighters are making progress. they have contained it by 20% in the last few hours. two fire has been burning for 11 days and has reach add major water reservoir. columbia's second largest rebel group has freed a canadian geologist after the government demanded his release for peace talks to begin. the e.l.n. had been holding him for seven months. pro after seven months in the jungle, canadian geologist buzz released by columbia second largest rebel group, the e.l.n., in the north of the country. he was captured last
of food aid to north korea, nor did it result in north korea returning to six parties talks and the obama administration has said that kings visit is limited to securing kenneth bay's release. be uh this invitation can be seen as north korea's latest charm offensive, and it follows north korea's agreement to hold family reunions between north and korean south korean families as well as aagreing to resumpsion of communities in industrial park. >> emergency crews are still trying to...
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Aug 29, 2013
08/13
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when can we expect obama to make a decision on what to do? >> the president still has a number of steps before he is to make any final decision, the president saying he is still consulting with senior pentagon military officials, but the bashar al-assad regime should be held responsible. a senior official telling aljazeera that that decision will be made in close consultation with the u.s.'s friend andological we, the united kingdom. president obama, as you heard there in that interview with the public broadcast network wednesday saying he is not interested in an open-ended conflict. still, the president is preparing for any sort of potential counter strike that may be launched by assad's forces, syrian forces. again, the president has not supplied any evidence or proof, something the american people are very keen to hear from their president. they are not open to any sort of long, open-ended war. in fact, the president is still gathering intelligence, said to be waiting for human intelligence being gathered by the c.i.a., as well as top mili
when can we expect obama to make a decision on what to do? >> the president still has a number of steps before he is to make any final decision, the president saying he is still consulting with senior pentagon military officials, but the bashar al-assad regime should be held responsible. a senior official telling aljazeera that that decision will be made in close consultation with the u.s.'s friend andological we, the united kingdom. president obama, as you heard there in that interview...
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Aug 28, 2013
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number one obama has limited objectives in syria, rightly so. he has watched for two years a -- a civil war that is not going to be ended as a consequence of american situation or military power. he also has limited interest. he cares much more about the middle class as his legacy than about the middle east, and that leads him to his final conclusion, he has limited power. which is why in terms of his capacity to effect a fence on the ground. so all of this tick tock about the inadequacy of an american response, the fact that we're not going to tip the balance, i think misses the point. what we're going to do is an outgrowth of two years of policy, an effort by an american president to help when he can. >> yeah, but he -- >> but he -- he is simply not interested, and in a way he -- he shouldn't be given his conception of the national interest in -- in doing anything more than he is about to do, which is a limited, but i would argue, punishing military response. >> right. but wouldn't you agree that the administration really switched gears today
number one obama has limited objectives in syria, rightly so. he has watched for two years a -- a civil war that is not going to be ended as a consequence of american situation or military power. he also has limited interest. he cares much more about the middle class as his legacy than about the middle east, and that leads him to his final conclusion, he has limited power. which is why in terms of his capacity to effect a fence on the ground. so all of this tick tock about the inadequacy of an...
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Aug 26, 2013
08/13
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convoy coming as the obama administration said there is very little doubt that chemical weapons were used by the syrian government in an attack on their own people last week near damascus. it was the single deadliest event in the civil war. the entire world is watching the events in syria as the u.n. prepares to investigate the attack site. u.s. and european leaders are already saying it may be too little, too late. it is worried the evidence will be corrupt. officials from around the globe are meeting in jordan to discuss the crisis. although that meeting was set before last week's attack, officials say that syria is at the top of the their agenda. the very late evident, we return to david jackson, joining us from beirut. the u.s. is saying it is too little, too late. what are they saying in syria? >> well, that has been the outlook all around, no question about it. it's all about too late, too late. every nation that is gathered in jordan for the meeting of military leaders and what we've heard diplomatically is that if the syrians had nothing to hide from any of the chemical weapo
convoy coming as the obama administration said there is very little doubt that chemical weapons were used by the syrian government in an attack on their own people last week near damascus. it was the single deadliest event in the civil war. the entire world is watching the events in syria as the u.n. prepares to investigate the attack site. u.s. and european leaders are already saying it may be too little, too late. it is worried the evidence will be corrupt. officials from around the globe are...
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Aug 26, 2013
08/13
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mistake and inflame the region but military action is among the options being considered by the barack obama administration with encouragement from some members of the u.s. congress. >> you can destroy assad's runways, his munitions and you could destroy his fuel. there are a lot of things that we could do and even destroy the syrian air force. >> it cannot be an unilateral american approach, it has to have international support politically and militarily. >> reporter: to that end there will be meetings between defense officials from the middle eastern and european countries in jordan on monday, and the chemical weapons attack, how to respond to it, and how to prevent another will be atop the agenda. al jazeera, washington. >>> one retired u.s. general, wesley clark, the supreme nato commander during the war in kosovo and says that any military solution in syria requires a carefully thought-out strategy. >> i think that the most important thing is to make sure that whatever you do militarily has some political purpose to it and moves us towards a resolution of this situation. and so there is
mistake and inflame the region but military action is among the options being considered by the barack obama administration with encouragement from some members of the u.s. congress. >> you can destroy assad's runways, his munitions and you could destroy his fuel. there are a lot of things that we could do and even destroy the syrian air force. >> it cannot be an unilateral american approach, it has to have international support politically and militarily. >> reporter: to that...
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Aug 28, 2013
08/13
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i think i must say, that i do know that this -- the president obama and the american administration, are not known to be trigger happy. what they will decide, i don't know. but certainly, international law is very clear. security council has to be brought in. >> mr. brahimi, you have said what you said about the international law, but the united states and britain have already said they believe chemical webs were used and that the syrian government was responsible. so doesn't that >> if any action in syria, are you going to continue your mandate? thank you. >> no direct link between my mandate and military action. there is a lot of military action these days. it has been the case for almost two years now. more than two years. what i'm doing to do i will tell you if i decide to do anything you will hear about it. >> i have read many the press -- i think one of the most important things i have seen is that they said that the security council must act. they have also said that the syrian regime is responsible for this. but as -- i told you, we are waiting to see what the facts are. >> t
i think i must say, that i do know that this -- the president obama and the american administration, are not known to be trigger happy. what they will decide, i don't know. but certainly, international law is very clear. security council has to be brought in. >> mr. brahimi, you have said what you said about the international law, but the united states and britain have already said they believe chemical webs were used and that the syrian government was responsible. so doesn't that...
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Aug 28, 2013
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i do know that this, the -- president obama and the american administration are not known to be trigger happy. what they will decide, i don't know. but certainly international law is very clear, security counsel has to be brought in. >> we have correspondents placed around the globe. we'll be speaking to barnaby phillips, and zena, and jackie roleland in paris who will be joining us. but first let's cross over to the united nations and james bays. the inspectors need four more days to complete their investigation, but really the diplomatic moves gaining momentum for possible military strike. >> there are lots of different tracks going at the same time, and lots of different clocks ticking at very different speeds, i think. there is a new effort coming from the british side to get a un resolution. they want the other five permanent members of the security counsel to look at their draft resolution in the coming hours. i'm told they are trying to fix a meeting. it hasn't yet been arranged. so that effort is underway. the military clock is still ticking, because i think the americans if nec
i do know that this, the -- president obama and the american administration are not known to be trigger happy. what they will decide, i don't know. but certainly international law is very clear, security counsel has to be brought in. >> we have correspondents placed around the globe. we'll be speaking to barnaby phillips, and zena, and jackie roleland in paris who will be joining us. but first let's cross over to the united nations and james bays. the inspectors need four more days to...
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Aug 29, 2013
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obama's not likely to get u.n. approval and it appears britain is reigning in it's approval of a strike. the president said he has approved assad has responsibility for chemical attacks. a classified report will be delivered on the intelligence that led him to believe that assad was behind the attacks. obama said a declassified report could soon be released to the public. just hours after the president talked about syria in a p.b.s. interview, he received pushback from congress from house speaker john boehner. he sent a letter to the president seeking answer to say 14 questions rewarding u.s. military intervention in the country. boehner stopped short of seeking a formal authorization vote before the president can engage. he said this: >> president obama stressed he had no interest in any open-ended conflict with syria. >> first of all, i have not made a decision. i have got options from our military, had extensive discussions with my national security team. if the assad regime used chemical weapons on his own peop
obama's not likely to get u.n. approval and it appears britain is reigning in it's approval of a strike. the president said he has approved assad has responsibility for chemical attacks. a classified report will be delivered on the intelligence that led him to believe that assad was behind the attacks. obama said a declassified report could soon be released to the public. just hours after the president talked about syria in a p.b.s. interview, he received pushback from congress from house...
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Aug 26, 2013
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obama said the utes of chemical weapons by the assa 2k6789 regweibull cross a red line. with his administration convinced that line has been crossed for a second time, the u.s. and its allies after to be moving closer to a military response. mike viquera, arningsz, washingt washington. >>> general wesley clark earlier told me that whatever action the obama administration takes, it's important that it resolve the situation in syria politically and not just militarily. >> are we just going to target some dumps of nerve gas in there that we believe are present? or are we going to put the pressure on to try to bring a peace agreement through a -- through a negotiated settlement that includes an exit strategy for bashar assad. we don't know yet. >> he said we need to build a coalition of the willing, nato and the arab league and it work to bring stability to the region. >>> people in the lebanese city of tripoli are protesting a double bomb okay friday. the attack targeted two of the city's mosque did during friday prayers. officials say 47 people were killed. the attack mark
obama said the utes of chemical weapons by the assa 2k6789 regweibull cross a red line. with his administration convinced that line has been crossed for a second time, the u.s. and its allies after to be moving closer to a military response. mike viquera, arningsz, washingt washington. >>> general wesley clark earlier told me that whatever action the obama administration takes, it's important that it resolve the situation in syria politically and not just militarily. >> are we...
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Aug 26, 2013
08/13
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the obama administration wants proof chemical weapons were used and proof of who used them, but military options are being considered and supported by some members of the u.s. congress. >> you can destroy the runways, assad's runways. you could disagree his must not anything elses and his fuel. there are lots and lots of things we could do. we could even destroy the sirian air force. >> it can't be a unilateral american approach. it has to have support both internationally, but not just politically, but militarily. >> it's a view shared. >> i think the most important thing is to make sure that whatever you do militarily has political purpose to it and move us towards a resolution of the situation, so there's no point in just firing a weapon, dropping a bomb to drop a bomb. >> the syrian government and the rebels have promised the ceasefire in the area of the alleged chemical attack, so the uninspectors could gather evidence. the syrian government is blaming what it describes as terrorists. the u.n. team has now managed to get into the area. this video filmed by an activist shows them gat
the obama administration wants proof chemical weapons were used and proof of who used them, but military options are being considered and supported by some members of the u.s. congress. >> you can destroy the runways, assad's runways. you could disagree his must not anything elses and his fuel. there are lots and lots of things we could do. we could even destroy the sirian air force. >> it can't be a unilateral american approach. it has to have support both internationally, but not...
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Aug 26, 2013
08/13
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>> we are in a dilemma at this point because president obama and western powers have during the past year created these red lines saying that if chemical weapons were used obviously that will be a game changer and they would have to interfere. this has nothing to do at this point with syria. the international community cannot set a precedent by allowing the use of chemical weapons even though this is not the first time the chemical weapons were used in recent years and nevertheless the key question is whether or not the power and we don't know who used chemical weapons but a party that uses chemical weapons cannot be left free to behave the way they want to. that is the thinking at this point. >> reporter: what action could you take? -- what action could you take that hurts the regime and nobody wants boots on the ground and could you take out runways or ammunitions or the entire airforce? >> they certainly could do a great deal of damage and sent crews and military on air bases and not surprised if the turkish airforce would be involved heavily in this campaign that is being promise
>> we are in a dilemma at this point because president obama and western powers have during the past year created these red lines saying that if chemical weapons were used obviously that will be a game changer and they would have to interfere. this has nothing to do at this point with syria. the international community cannot set a precedent by allowing the use of chemical weapons even though this is not the first time the chemical weapons were used in recent years and nevertheless the...
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Aug 4, 2013
08/13
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president obama goes on a cross country tour to bring up support for his economic plan. can washington come to an agreement other a big, new deal? and looking for a genius. the parents of amazon.com's jeff basos. >> this is america's number one financial news program "on the money." >> here is a look at what is making news. a disappointing job's report for the month of july. the economy created 162,000 new jobbing for the month. that was below the expected 183,000. but it fell to 7.4% as fewer people looked for jobs. job growth was revised downward was well. record setting weekend for the marks. kicking off the month of august with a bank hitting new highs on thursday after comments by the fed earlier in the weekend. the s&p 500 closed above 1700 for the first time ever. those commenting after the open market committee wrapped up a two-day meeting and announced it would continue buying bonds and mortgage backed securities to help keep interest rates low. the fed used the afraid modest growth rather than moderate growth. that was a light and subttle downgrade. the first r
president obama goes on a cross country tour to bring up support for his economic plan. can washington come to an agreement other a big, new deal? and looking for a genius. the parents of amazon.com's jeff basos. >> this is america's number one financial news program "on the money." >> here is a look at what is making news. a disappointing job's report for the month of july. the economy created 162,000 new jobbing for the month. that was below the expected 183,000. but it...
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Aug 2, 2013
08/13
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. >> starting to see the imprint of both obama care and the sequester. the people moving from full-time employment to part-time for furloughs are really picking up right now, all kinds of anecdotes in the contractors to the defense try. >> economists and analysts who track defense-sensitive try bay beginning in the spring we started to see a slowdown in job growth while the rest of the economy was in fact trending upward. tyler? >> thanks very much. let's go to the story that keeps on giving. dell's stock up today after the board approved a better offer from michael dell and his partners silver lake. the stock is up 5.5% over the last week but is it really now a done deal? josh lipton watching it all from the market desk. >> an agreement has been reached with the buyout group led by ceo mike dell to purchase the company for 1375 per share, the group tacking on a one-time shareholder payout of 13 cents per share which michael dell is personally purchasing. we are pleased to have won another battle in the dell war, said carl icahn, but the battle itself is
. >> starting to see the imprint of both obama care and the sequester. the people moving from full-time employment to part-time for furloughs are really picking up right now, all kinds of anecdotes in the contractors to the defense try. >> economists and analysts who track defense-sensitive try bay beginning in the spring we started to see a slowdown in job growth while the rest of the economy was in fact trending upward. tyler? >> thanks very much. let's go to the story that...
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Aug 7, 2013
08/13
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but on the other hand, here at home, the obama care train wreck just keeps getting worse. now we've learned that security firewalls to protect our personal information our way behind schedule. who needs to defund this thing when it keeps looking like it will collapse of its own
but on the other hand, here at home, the obama care train wreck just keeps getting worse. now we've learned that security firewalls to protect our personal information our way behind schedule. who needs to defund this thing when it keeps looking like it will collapse of its own
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Aug 6, 2013
08/13
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another week, another so-called major speech from president obama. he says he's ending fannie mae and freddie mac. but i see at least one if not two new government insurance plans. is anything really changing here besides
another week, another so-called major speech from president obama. he says he's ending fannie mae and freddie mac. but i see at least one if not two new government insurance plans. is anything really changing here besides
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Aug 5, 2013
08/13
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the obama administration vetoing a ban on apple products. share of samsung are falling in asia. >> tv blackout, battle between time warner cable and cbs show nothing signs of letting up. >>> the terror threat overseas. many u.s. embassies stay closed now until august 10th. a live report from nbc's pete williams. >>> first up, if you didn't see it, u.s. equity funds saw a record inflow in july. according to trim tabs funds saw $40.3 billion coming in last month while bond funds saw the fourth highest outflow on record. david seeburg at cowan. good monday morning to you. >> good morning. >> david, is this the beginning of something new? >> it seems to be. i mean, $40 billion in july, amazing. still a ton of cash on the sidelines. there's about $9.5 trillion in xhrgs bank deposit and money mark accounts, companies obviously corporate balance sheets reflecting cash. m&a starting to pick up it's the beginning of a rotation that we expect to take equities higher. >> peter, how do you read things here. >> s&p gone from 666 to 1700 without the retai
the obama administration vetoing a ban on apple products. share of samsung are falling in asia. >> tv blackout, battle between time warner cable and cbs show nothing signs of letting up. >>> the terror threat overseas. many u.s. embassies stay closed now until august 10th. a live report from nbc's pete williams. >>> first up, if you didn't see it, u.s. equity funds saw a record inflow in july. according to trim tabs funds saw $40.3 billion coming in last month while bond...
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Aug 12, 2013
08/13
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last week president obama came out gave a speech on fannie and freddie arguing they ought to be wound down and replaced by another agency. you saw what happened on that, david, home building stocks went through the floor last week tuesday and wednesday. so now we have a double whammy, the concern about higher rates and concerns about less government support overall. that's a real problem. and the itb, the main etf for the home building industry hit a new low for the year, but it wasn't on the rates, it was on concern about fannie and freddie and the lack of support there for the mortgage market. guys, back to you. >> thanks very much, bob. that's still to come. fannie and freddie. that will be a long -- >> begin today just a football security. don't know what's going to happen. >> even the preferreds are a real risk. time for a little bit of a faber report following up on a story here. our viewers have been covering mergers and acquisitions for a long time. but rare indeed when you see a consent solicitation of the shareholders for a public company vote with their written consent to g
last week president obama came out gave a speech on fannie and freddie arguing they ought to be wound down and replaced by another agency. you saw what happened on that, david, home building stocks went through the floor last week tuesday and wednesday. so now we have a double whammy, the concern about higher rates and concerns about less government support overall. that's a real problem. and the itb, the main etf for the home building industry hit a new low for the year, but it wasn't on the...
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Aug 26, 2013
08/13
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president obama has also been in close touch with leaders of our key allies and the president will be making an informed decision about how to respond to this indiscriminate use of chemical weapons. but make no mistake. president obama believes there must be accountability for those who would use the world's most heinous weapons against the world's most vulnerable people. nothing today is more serious and nothing is receiving more serious scrutiny. thank you. >> secretary of state kerry there with a forceful response to sir why's use of chemical weapons. the united states says it has undeniable evidence that it was used on citizens last week and the secretary pointed out that he had reviewed video from the aftermath of that attack last week and was struck as a human being and as a father by the video, mandy, of that father holding his young, dead child as a result of that attack. we welcome you now to "closing bell" for cnbc. >> we were just listening, of course, as secretary of state kerry and, you know, bill, it was heart wrenching, sol of the commentary he was making. of course, on
president obama has also been in close touch with leaders of our key allies and the president will be making an informed decision about how to respond to this indiscriminate use of chemical weapons. but make no mistake. president obama believes there must be accountability for those who would use the world's most heinous weapons against the world's most vulnerable people. nothing today is more serious and nothing is receiving more serious scrutiny. thank you. >> secretary of state kerry...
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Aug 7, 2013
08/13
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unquote, resigned. >> that's a euphemism. >> meantime, learning more and more about what president obama really thinks about the state of america's housing market. he just finished a live q & a session with zillow.com. diana olick was mob training it. what was the most important thing that we need to know about? >> well, would i start with the fact that this was a very odd venue, to say the least, if not unprecedent, a ceo of an online real estate company interviewing the president on housing. it raises a lot of questions, of course, about a ceo of a publicly traded company and a president kind of using each other to push their own agendas. now, let's go to the interview, of course. first, after traveling to phoenix and pushing a plan to wind down mortgage giants fannie mae and freddie mac, the president told zillow's ceo he was not particularly concerned about rising mortgage rates. >> we've seen interest rates now tick up. so far at least the housing market has continued to be fairly robust and there's been reporting just this week. some of the data has come in reporting you're seeing
unquote, resigned. >> that's a euphemism. >> meantime, learning more and more about what president obama really thinks about the state of america's housing market. he just finished a live q & a session with zillow.com. diana olick was mob training it. what was the most important thing that we need to know about? >> well, would i start with the fact that this was a very odd venue, to say the least, if not unprecedent, a ceo of an online real estate company interviewing the...
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Aug 15, 2013
08/13
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that's what president obama nou announced today. or should he do even more, pull full military aid as well? here is former deputy assistant secretary of defense, peter brooks, p.j. crowley. gentlemen, thanks for joining us. let's first explain to people. president obama comes out and announces they are canceling what had been huge military exercises next month with the egyptian military. secretary brooks, please tell people what does this mean when the president announces the cancellation of this? how significant is it? >> well, it's very symbolic. it's very public. it's certainly pushing back on the generals in egypt and egyptian military. i mean, it's the least he could have done considering the situation there in egypt. i don't think he would have been -- would have received a lot of criticism for allowing american troops to train with the egyptians considering what's going on in the streets of cairo, alexandria and other places, but in the long run, it's really not much at all in terms of influencing the egyptian generals and i
that's what president obama nou announced today. or should he do even more, pull full military aid as well? here is former deputy assistant secretary of defense, peter brooks, p.j. crowley. gentlemen, thanks for joining us. let's first explain to people. president obama comes out and announces they are canceling what had been huge military exercises next month with the egyptian military. secretary brooks, please tell people what does this mean when the president announces the cancellation of...
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Aug 7, 2013
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obama will still be going to the g-20. in the jay leno interview last night leno said are you going, will you meet with putin. obama did not address the putin part directly but said, yes, he is still going to the g-20. yes, the president will attend it in st. petersburg, russia, next month. however, the one-on-one meeting with vladimir putin, according to the ap guys, has, indeed, been canceled. so we'll see if that changes any time soon. but some geopolitical drama right now over edward snowden, back to you. >> strong message to the russians there. >>> morgan stanley raising the price target to $45 today from $37. saying the company may soon launch units that can help boost revenue over the next one to two years. it also happens to be facebook's all-time train day high. if you look at the note this has a lot of to do with the video advertising we're starting to factor into facebook's fi chur. and in this case they're saying, you know that video ad units could contribute 10% by next year boosting total revenue and earnings
obama will still be going to the g-20. in the jay leno interview last night leno said are you going, will you meet with putin. obama did not address the putin part directly but said, yes, he is still going to the g-20. yes, the president will attend it in st. petersburg, russia, next month. however, the one-on-one meeting with vladimir putin, according to the ap guys, has, indeed, been canceled. so we'll see if that changes any time soon. but some geopolitical drama right now over edward...
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Aug 19, 2013
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how president obama is flouting obama care. and the subheadline says "more reasons to delay and rewrite this ill-conceived law." the editorial board blasts the president for picking and choosing which parts of the law to enforce. therefore, helping some people but hurting others. and lastly, phil falcone and his hedge fund harbinger capital reaching a settlement with the s.e.c. they will pay $18 million and admit wrongdoing. falcone is banned from the securities industry for five years. falcone telling cnbc that the fund will not close down and he's happy to put this behind him. larry, back to you. >> i'll bet he's happy to put it behind him. josh lipton, thank you very much. governor, we're going to come back and get into a bigger discussion with you, but right now just a moment, in a sentence, in a word, okay? what's the difference? where did detroit go wrong and wisconsin go right? this is the short form. >> we put the power in the hands of the hard-working taxpayers instead of the big government union bosses. >> and they ne
how president obama is flouting obama care. and the subheadline says "more reasons to delay and rewrite this ill-conceived law." the editorial board blasts the president for picking and choosing which parts of the law to enforce. therefore, helping some people but hurting others. and lastly, phil falcone and his hedge fund harbinger capital reaching a settlement with the s.e.c. they will pay $18 million and admit wrongdoing. falcone is banned from the securities industry for five...
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Aug 21, 2013
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it was deeply concerned the attacks come on the one year anniversary of president obama's comments when he warned the regime of using chemical weapons. >> a red line for us is we start seeing a whole bunch of chemical weapons being utilized. >> nbc's richard engel is following this story from cairo. >> if that was the red line a year ago and that red line had been crossed when they used small amounts of chemical weapons, they are alleging that a more significant incident has happened. there was a ba rage of surface of surface missiles attacking ten villages and towns to the east and north of damascus. these attacks we have not been able to independently confirm them. but we have seen children, women, men, lifeless bodies laid out in makeshift hospitals to exhibit no obvious injuries gunshots or bomb fragments. people who suffocated because of a chemical agent in the air. the regime is suggesting that the rebels have fabricated the incident to distract those in syria right now. the numbers are certainly in the hundreds and may top 1,000. the video there is very distrucking. we are hearin
it was deeply concerned the attacks come on the one year anniversary of president obama's comments when he warned the regime of using chemical weapons. >> a red line for us is we start seeing a whole bunch of chemical weapons being utilized. >> nbc's richard engel is following this story from cairo. >> if that was the red line a year ago and that red line had been crossed when they used small amounts of chemical weapons, they are alleging that a more significant incident has...
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Aug 26, 2013
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lawyers are taking sides on that controversial comment from president obama. we have on the phone dan rod regez. he's the dean of -- school of law. you are both lawyers at least in a former life. why would two years be better than three? >> bottom line is that in the game of legal education in america is the wake. it is the -- that you have to pay to be allowed to play the game. give me your take? >> is that true? >> it depends on the law school. the notion that the third year of law school is valueless is not the case. all three of us and president obama attended law schools for three years and i suspect we have the goodness a nesness and badness of that experience. let the markets decide. students will vote with their feet. >> i think a lot of people who have talked about this two year program, you can actually be working somewhere learning about how the law looked in a real world. i might be getting paid yourself. so it is a great way to improve the practical training. it is a win win. what would it do if you watched your tuition be cut by a third? >> we wo
lawyers are taking sides on that controversial comment from president obama. we have on the phone dan rod regez. he's the dean of -- school of law. you are both lawyers at least in a former life. why would two years be better than three? >> bottom line is that in the game of legal education in america is the wake. it is the -- that you have to pay to be allowed to play the game. give me your take? >> is that true? >> it depends on the law school. the notion that the third year...
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Aug 23, 2013
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care, and not defunding obama care. i find that very interesting. what's your take on it? >> well, i think it's the correct strategy that baner is quite correct. first, protect the sequester numbers. don't let spending jump back up again. don't punch a hole in those budget caps that were won in 2011. second, what do we do about the train wreck which the democrats now agree, the train wreck of obama care and obama's giving delays to big businesses, delays to campaign contributorers and delays to the labor unions and delays to the insurance companies and what we say is why not delay the individual mandate for people for the american people, for small businesses ee because the president started to backpedal because of the failure of hisson bill and it's reasonable for him to say get your act together and we'll look at it again. >> ahmed, your take on this? >> at the end of the day, boehner seems to be drinking more merlot than he usually does. >> as in california wine. >> yeah. i think that's what he likes. that's what i h
care, and not defunding obama care. i find that very interesting. what's your take on it? >> well, i think it's the correct strategy that baner is quite correct. first, protect the sequester numbers. don't let spending jump back up again. don't punch a hole in those budget caps that were won in 2011. second, what do we do about the train wreck which the democrats now agree, the train wreck of obama care and obama's giving delays to big businesses, delays to campaign contributorers and...
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Aug 7, 2013
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putin though not looking very happy to be on a stage with obama and obama not happy either. this is what the white house had to say today in their statement. they said russia's disappointing decision to grant edward snowden temporary asylum was also a factor that we considered in assessing the current state of our bilateral relationship. now, that's why they cancelled this summit, but last night talking to jay leno on "the tonight show" the president said there are areas where the united states can still work together with rush, despite the recent unpleasantness. >> a lot of what's been going on hasn't been major breaks in the relationship. they still help us on supplying our troops in afghanistan. they are still helping us on counterterrorism work. they were helpful after the boston bombing in that investigation, and so there's still a lot of business that we can do with them. >> so clearly a bit of a break here in the relationship between the russians and the united states, but, tyler, the president there trying to put a bit of a brave face on it as well, so, sue, that's t
putin though not looking very happy to be on a stage with obama and obama not happy either. this is what the white house had to say today in their statement. they said russia's disappointing decision to grant edward snowden temporary asylum was also a factor that we considered in assessing the current state of our bilateral relationship. now, that's why they cancelled this summit, but last night talking to jay leno on "the tonight show" the president said there are areas where the...
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Aug 15, 2013
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we do not have a response from the egyptian government on the latest comments from president barack obama and the cancellation of biannual military exercises. >> this is the point we're watching for world markets, which is currently 107 right now. thank you very much for your reporting. >>> on deck, building confusion in the housing market. one long-time homebuilder bull is getting semi-bearish. while a new survey says everything is fine. so we want to know, which is it? we're also keeping an eye on this market. right now the biggest loser on the big board is hp. it is currently moving to the down side as much as one of the other stocks on the dow. stick around, "street signs" will be back in a minute. make it happen with the all-new fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. get 200 free trades when you start using active trader pro today. if you're like me, you've been working you've been working like a dog all year. but you don't need to camp out 'til labor day to reward yourself! mattress discounters' labor day sale is on now!
we do not have a response from the egyptian government on the latest comments from president barack obama and the cancellation of biannual military exercises. >> this is the point we're watching for world markets, which is currently 107 right now. thank you very much for your reporting. >>> on deck, building confusion in the housing market. one long-time homebuilder bull is getting semi-bearish. while a new survey says everything is fine. so we want to know, which is it? we're...
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Aug 5, 2013
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the headline says the obama administration vetoed a patent ruling banning the sale of older iphones and ipad. that's the headline, but this is much more than a simple apple versus samsung patent case. the first veto of an itc ruling in more than 25 years, and it was so much the value of american companies intangible assets what does this mean for valuing companies all together. let's bring in one of the premiere guys value ewing patents. mandy and bryony, thank you for having me. this is a continuing of policy decision being made to reflect the economic value that patents drive tied. how will it affect me. >> there are a lot of patents that exist in the market but a small percentage that really matter. >> i would like to know from a market sentiment point of view how it affects sentiment towards licensing groups? >> the market spoke this morning on ip licensing firms. a number have fallen sharply. over time that will sort through and we expect recovery. companies will continue to focus on those patents that believe is essential but the highest call standards. >> i buy a patent and expec
the headline says the obama administration vetoed a patent ruling banning the sale of older iphones and ipad. that's the headline, but this is much more than a simple apple versus samsung patent case. the first veto of an itc ruling in more than 25 years, and it was so much the value of american companies intangible assets what does this mean for valuing companies all together. let's bring in one of the premiere guys value ewing patents. mandy and bryony, thank you for having me. this is a...
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Aug 6, 2013
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president obama traveling to arizona today to lay out the plan to help responsible homeowners and those who want to own homes. diana olick is in washington with more on what the president will say later. >> good morning, carl. the president is going to phoenix to take a victory lap for the fledgling housing recovery and saying that the race is not over yet. he is calling for more mortgage refinancing and overhaul of the mortgage industry starting with the dismantling of fannie mae and freddie mac. even before the speech, the administration was making the sell. >> we can't go back to what made this crisis happen. we have to build a housing finance system in the future that protects the taxpayer and puts the private capital first, but we have to have a system that provides safe, simple 30-year mortgages. >> and the president wants to streamline the refinance process for borrowers in danger of falling behind on the payments so far the program called h.a.r.p. has helped 2.6 billion get lower rates, but it is only for those who have government-backed homes and that leaves out a lot of folks.
president obama traveling to arizona today to lay out the plan to help responsible homeowners and those who want to own homes. diana olick is in washington with more on what the president will say later. >> good morning, carl. the president is going to phoenix to take a victory lap for the fledgling housing recovery and saying that the race is not over yet. he is calling for more mortgage refinancing and overhaul of the mortgage industry starting with the dismantling of fannie mae and...
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Aug 9, 2013
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apple ceo tim cook scored a coveted seat at president obama's state of the union speech after his company announced it would invest $100 million to bring manufacturing jobs back to the united states. >> apel then south successfully the holy grail of tax avoidance. >> that's the kind of intangible washington goodwill that can come in handy for a company. >> so help me god. >> reporter: especially when it comes under scrutiny on capitol hill for its tax practices a few months later. cnbc business news, i'm eamon javers in washington. >> and coming up next, "street talk." herb's red flag edition. is eating crow though on some of his most-watched stocks. plus, why this ipo market has herb very worried, and forget the red sox/yankees rivalry, a new battle brewing between new york and boston, and it is which city has the best pizza. perhaps you can tweet us your answer @streetsignscnbc or @mandycnbc. >>> and later on, this stuff, does it really work though? [ male announcer ] come to the golden opportunity sales event and experience the connectivity of the available lexus enform, including the
apple ceo tim cook scored a coveted seat at president obama's state of the union speech after his company announced it would invest $100 million to bring manufacturing jobs back to the united states. >> apel then south successfully the holy grail of tax avoidance. >> that's the kind of intangible washington goodwill that can come in handy for a company. >> so help me god. >> reporter: especially when it comes under scrutiny on capitol hill for its tax practices a few...
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Aug 23, 2013
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subject number two, obama is pro posing a controversial plan to make college affordable. he will rate universityies and score card will decide if a school is worth it and at what price and will help the government decide whether it will subsidize the school. >> do you like it? >> i don't think they have the ability to do it. the reason it is so expensive is because the government subsidize it a lot. it gets more and more expensive. that is the problem. they are not going to solve the cost of college by doing this value analysis. >> michele is right. there is no way that we want the government seizing more control of education, that is a disaster. i call this the obama plan to ban poetry. they are not going to study philosophy and poetry. it shouldn't just be about that. it is a bad, bad, plan. >> the fda is considering regulation on e cigarettes. how is this going to change the industry? >> i can imagine you smoking an e cigarette. >> it is going to get people to smoke more. >> look at that. it is a great replacement for in hailing smoke. i don't smoke anymore because i h
subject number two, obama is pro posing a controversial plan to make college affordable. he will rate universityies and score card will decide if a school is worth it and at what price and will help the government decide whether it will subsidize the school. >> do you like it? >> i don't think they have the ability to do it. the reason it is so expensive is because the government subsidize it a lot. it gets more and more expensive. that is the problem. they are not going to solve...
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Aug 1, 2013
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now they had obama begging to let mr. snowden go. this is exactly where according to russian political culture you should have your political adversary at. on his knees begging. that's what gives them the biggest kick. >> putin has said -- i'm not going to defend putin. i'm just saying putin said earlier russia has never pushed anyone out who wanted asylum. i just wonder what else should obama have done or what else should eric holder have done? >> well, there are plenty of people we know of who are spying for russia, so some kind of a swap was possible, i think, if we wanted to play what the russian play. the favorite russian political sport is hard ball. we didn't want to do it. weep said that we're going to go through the legal channels. we went through the legal channels and we got a big resounding nyet, no. here we are. and of course the question is what can the russians ask for us that they want and trade snowden, not directly. they're not going to push him out -- >> ariel, hang on just one moment, please. i want to get the lat
now they had obama begging to let mr. snowden go. this is exactly where according to russian political culture you should have your political adversary at. on his knees begging. that's what gives them the biggest kick. >> putin has said -- i'm not going to defend putin. i'm just saying putin said earlier russia has never pushed anyone out who wanted asylum. i just wonder what else should obama have done or what else should eric holder have done? >> well, there are plenty of people...
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Aug 19, 2013
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. >>> it's been three years since president obama signed the dodd-frank financial reform bill into law. the president hat gotten back from his vacation and immediately met with regulators today to push to speed things up. john harwood at the white house with the details. john, what can you tell us? >> reporter: maria, the meeting just broke up, it lasted over an hour. i spoke with mary jo white, gary gensler, as they walked down the white house driveway out of the complex. their description matched what the administration had said going in. it was a pep rally by the president to encourage regulators to finish the work. fewer than half of all of the regulations have been drafted. mary jo white said top priority is the volcker rule. this is just one of the elements on the president's economic agenda this week. he's also going to be giving speeches in upstate new york later in the week to push his vision of a middle-out economic growth agenda. and the president also, of course, is going to be working on the selection of the next fed chairman. ben bernanke, who atoetended th meeting, this
. >>> it's been three years since president obama signed the dodd-frank financial reform bill into law. the president hat gotten back from his vacation and immediately met with regulators today to push to speed things up. john harwood at the white house with the details. john, what can you tell us? >> reporter: maria, the meeting just broke up, it lasted over an hour. i spoke with mary jo white, gary gensler, as they walked down the white house driveway out of the complex. their...
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Aug 20, 2013
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rodgers says president obama's tax hikes on the rich will hurt the middle class and the poor by killing jobs. it was a controversy -- controversial op ed, and now rodgers is here to explain it in person. that's coming up on the "closing bell." stay tuned. make it happen with the all-new fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. get 200 free trades when you start using active trader pro today. so you want to drive more safely? of smart. stop eating. take deep breaths. avoid bad weather. [ whispers ] get eight hours. ♪ [ shouts over music ] turn it down! and, of course, talk to farmers. hi. hi. ♪ we are farmers bum - pa - dum, bum - bum - bum - bum ♪ right now, 7 years of music is being streamed. a quarter million tweeters are tweeting. and 900 million dollars are changing hands online. that's why hp built a new kind of server. one that's 80% smaller. uses 89% less energy. and costs 77% less. it's called hp moonshot. and it's giving the internet the room it needs to grow. this&is gonna be big. hp moonshot. it's time to build
rodgers says president obama's tax hikes on the rich will hurt the middle class and the poor by killing jobs. it was a controversy -- controversial op ed, and now rodgers is here to explain it in person. that's coming up on the "closing bell." stay tuned. make it happen with the all-new fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. get 200 free trades when you start using active trader pro today. so you want to drive more safely?...
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Aug 5, 2013
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i think it's good that obama overturned it. these laws that try to prevent people from manufacturing, from innovating are terrible. we need to really revisit this whole thing. >> bob pisani? >> i don't know that this devalues the value of patents, how much it does. i think it might a little bit, but i do know every time a lot of these license -- every time people try to borrow patents and use them in their products from the license holders, it seems like the license holders try to charge unreasonable fees or block them from using that. i think that was an issue in their decisions these days, and i think somehow that's got to be addressed. you've got to be able to go out and have competition and legally license other people's patents for use. >> let's move on to time warner and cbs, another dispute here. they just can't seem to make a deal. since friday cbs stations including showtime remained dark for millions of time warner cable customers, and it brings up the question of a la cart pricing. will these disputes eventually lead
i think it's good that obama overturned it. these laws that try to prevent people from manufacturing, from innovating are terrible. we need to really revisit this whole thing. >> bob pisani? >> i don't know that this devalues the value of patents, how much it does. i think it might a little bit, but i do know every time a lot of these license -- every time people try to borrow patents and use them in their products from the license holders, it seems like the license holders try to...
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Aug 10, 2013
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i think the obama administration has hardly done anything to roll back the damage. making the market less legitimate and less safe for you. all the changes that made the market faster, allowed the machines to ping each other for quick, tiny gains, allowing many managers to evade the margin rules bring double or triple etfs selling power or buying power through appeal of the original uptick rule, which protected us from endless short selling. the s.e.c. either approved or enacted all of these things that made the market more dangerous and more difficult when things get bad and will do so again when we get that kind of quick, sharp decline. so if you expect the s.e.c. to have your back, think again. if you think the exchanges have any interest in maintaining legitimacy of our stock markets, not so much. you've got to understand the exchanges aren't on your side because their whole bias is to allow the big institutional hedge funds to make fast trades that generate maybe a fraction of penny in the profits. in the old days they were nonprofit organizations that could po
i think the obama administration has hardly done anything to roll back the damage. making the market less legitimate and less safe for you. all the changes that made the market faster, allowed the machines to ping each other for quick, tiny gains, allowing many managers to evade the margin rules bring double or triple etfs selling power or buying power through appeal of the original uptick rule, which protected us from endless short selling. the s.e.c. either approved or enacted all of these...
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Aug 14, 2013
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and those go back to 2008 before president obama took office. which does suggest, you know, we may -- >> she might have done it on her own. >> it does suggest this was happening before the president took office and there is a larger and more systemic problem, it goes beyond the irs, beyond the obama administration, it's a larger problem in the bureaucracy. >> thank you so much for joining us. really appreciate it. >> thank you so much. >>> all right. now, rock star bono. has he been watching the "kudlow report"? you may not believe what he just said, but i think you're going to like it. the full story just ahead. [ male announcer ] come to the lexus golden opportunity sales event and choose from one of five lexus hybrids that's right for you, including the lexus es and ct hybrids. ♪ this is the pursuit of perfection. in a world that's changing faster than ever, we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to
and those go back to 2008 before president obama took office. which does suggest, you know, we may -- >> she might have done it on her own. >> it does suggest this was happening before the president took office and there is a larger and more systemic problem, it goes beyond the irs, beyond the obama administration, it's a larger problem in the bureaucracy. >> thank you so much for joining us. really appreciate it. >> thank you so much. >>> all right. now, rock...
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Aug 27, 2013
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i also think you're going to see the issue of obama care, delegging, defunding obama care. you're going to see that as we go back in. you have to delay it in order not to have your taxes, fees, penalties, mandates, medicaid expansion, exchange subsidies get out the door. you want to defund it. be sure it doesn't have any money. right there you would save 60 to $100 billion. if you were to set aside that program for a year's period of time. the president has agreed portions of it need to be delayed. defund the whole thing. set it aside. >> a lot of people want to delay. some people want to defund. i hear you on that. you know the president won't sign that bill so that's why i'm saying, you and i have been talking for a few minutes. you disagreed on overall spending, the sequester, now on the obama care. so basically what i hear is there is going to be a d donny brook. the president is dreaming if he thinks he's going to get a clean anything without intense negotiations. >> yes. the president has mishandled so many situations whether it's jobs, the economy, the issues around
i also think you're going to see the issue of obama care, delegging, defunding obama care. you're going to see that as we go back in. you have to delay it in order not to have your taxes, fees, penalties, mandates, medicaid expansion, exchange subsidies get out the door. you want to defund it. be sure it doesn't have any money. right there you would save 60 to $100 billion. if you were to set aside that program for a year's period of time. the president has agreed portions of it need to be...
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Aug 21, 2013
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does this mean team obama will have to put up or shut up because of the so-called red line? that story and more coming up on "kudlow." [ male announcer ] come to the golden opportunity sales event and experience the connectivity of the available lexus enform, including the es and rx. ♪ this is the pursuit of perfection. ♪ a quarter million tweeters is beare tweeting. and 900 million dollars are changing hands online. that's why hp built a new kind of server. one that's 80% smaller. uses 89% less energy. and costs 77% less. it's called hp moonshot. and it's giving the internet the room it needs to grow. this&is gonna be big. hp moonshot. it's time to build a better enterprise. together. i put in the hourswhere i am today by luck. and built a strong reputation in the industry. i set goals and worked hard to meet them. i've made my success happen. so when it comes to my investments, i'm supposed to just hand it over to a broker and back away? that's not gonna happen. avo: when you work with a schwab financial consultant, you'll get the guidance you need with the control you
does this mean team obama will have to put up or shut up because of the so-called red line? that story and more coming up on "kudlow." [ male announcer ] come to the golden opportunity sales event and experience the connectivity of the available lexus enform, including the es and rx. ♪ this is the pursuit of perfection. ♪ a quarter million tweeters is beare tweeting. and 900 million dollars are changing hands online. that's why hp built a new kind of server. one that's 80%...
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Aug 27, 2013
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despite president obama's suggestion that health care costs are going down, cigna has been able to get higher prices for its health insurance. ever higher prices. at the same time it has a major exposure to real estate. those seem to be getting better and better and better after taking a beating for a long time. then there's cabot oil & gas. one of the fastest growing oil and gas names in the world. cabot has a new market in new england, rapidly changing heating to cheap natural gas that will be from cabot when it gets its pipeline built. how about amgen. all time high. acquiring onyx pharma. a fresh growth injection. this combination gives amgen a fast-growing -- and once again amgen, remember, has now become a growth stock. that's exactly how -- the best bang for shareholders' bucks. lockheed martin finds itself on the all-time high list by default. supposed to be decked by the sequester. wasn't the sequester supposed to shoot them to kingdom come? they weren't. that fact has deluded and shocked wall street, which has been betting against both companies. if earnings keep coming throu
despite president obama's suggestion that health care costs are going down, cigna has been able to get higher prices for its health insurance. ever higher prices. at the same time it has a major exposure to real estate. those seem to be getting better and better and better after taking a beating for a long time. then there's cabot oil & gas. one of the fastest growing oil and gas names in the world. cabot has a new market in new england, rapidly changing heating to cheap natural gas that...
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Aug 15, 2013
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president obama spoke as it reached 500. good evening, ayman. >> reporter: good evening, bill, for the second straight now the country is imposeing a curfew. this comes on the heels of another violent day in egypt. not like the one we saw yesterday, not in the death toll numbers, one that did see fatalities among both police and security forces here. it began this afternoon with protest marches, among those supporters of the ousted president who are participating in funeral marches and others across the country. in one instance, they approached the municipality building here in cairo. led to a confrontation with police that led them to fire tear gas to disperse the crowd. the interior ministry says they authorized live ammunition against protesters attacking buildings critical to the egyptian government. so it adds to the anxiety level, yesterday we saw that incredible death toll that continues to climb as people recover the bodies from the clashes. more importantly, there are accounts of egyptian soldiers in the sinai penin
president obama spoke as it reached 500. good evening, ayman. >> reporter: good evening, bill, for the second straight now the country is imposeing a curfew. this comes on the heels of another violent day in egypt. not like the one we saw yesterday, not in the death toll numbers, one that did see fatalities among both police and security forces here. it began this afternoon with protest marches, among those supporters of the ousted president who are participating in funeral marches and...
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Aug 30, 2013
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, if president obama, gives the order. i can tell you as soon as he does make that decision, those missiles could actually be ready to launch within minutes, maria. >> i'll pick it up from there. thank you very much for that. >> we're down only 24 points on the dow. only have 45 minutes left in this trading week, bill. at this stage the nasdaq in terms of percentage is the biggest loser. off 0.7 of 1%. >> secretary kerry making the president's plan for syria more clear up. saw it here on cnbc. >> it will not involve any boots on the ground. it will not be open-ended. and it will not assume responsibility for civil war that is already well under way. >> we'll have more on what the u.s. will do and maybe when it will do it after this break. [ male announcer ] it's time. time to have new experiences with a familiar keyboard. to update our status without opening an app. to have all our messages in one place. to browse... and share... faster than ever. ♪ it's time to do everything better than before. the new blackberry q10. i
, if president obama, gives the order. i can tell you as soon as he does make that decision, those missiles could actually be ready to launch within minutes, maria. >> i'll pick it up from there. thank you very much for that. >> we're down only 24 points on the dow. only have 45 minutes left in this trading week, bill. at this stage the nasdaq in terms of percentage is the biggest loser. off 0.7 of 1%. >> secretary kerry making the president's plan for syria more clear up. saw...
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Aug 26, 2013
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it is not in the control of president obama obviously. the question who decides where it goes from here is not a unilateral american decision. that's one of the reasons you think hard before you undertake this sort of thing. >> want to read you this quote from william hague, britain's foreign secretary and he says what is happening in the middle east is the most important event so far of the 21st century, even compared to the financial crisis we have been living through and its impact on world affairs. do you share that view? >> i think there is something to that. you cannot see it as just a civil car. it is the proxy war for everybody in the middle east. have you on one side syria and iran and hezbollah and the russians all lined occupy one side and on the other side you have the syrian opposition and saudi arabia, israel to some extent and the u.s. at least in a limited way and essentially everybody else in the middle east. it has become a proxy war that is being fought out between sunnis and shiites and the two axises that exist in the
it is not in the control of president obama obviously. the question who decides where it goes from here is not a unilateral american decision. that's one of the reasons you think hard before you undertake this sort of thing. >> want to read you this quote from william hague, britain's foreign secretary and he says what is happening in the middle east is the most important event so far of the 21st century, even compared to the financial crisis we have been living through and its impact on...
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take a higher note with investor who is taking into effect the obama tax rates which could be pushing them up into a 50% bracket which lends you to see a taxable equivalent yield of 9% to 9.2%. that's a lot to pass up for an investor who is getting asurety of that return. >> talking about the search for yield and reach for yield, but we tend to think of it strictly in terms of the equity markets, not muni bonds as much as we did, say a year ago. >> it's easy owe make will call because munis got hurt on the detroit concern. is that an issue we'll see further problems with other municipalities down the road? >> that's a great point, bob. i think you'll see more complicated issues per state, but those are the ones where, you know, a good portfolio manager is going to look and say what are the revenues and tax revenues that will always be there? we'll be in our cars and rvs passing through turn pikes. >> you betcha. >> but it's an important point, and also to your point about china just getting back to the global markets. you're looking at a pe ratio going forward in the capital markets i
take a higher note with investor who is taking into effect the obama tax rates which could be pushing them up into a 50% bracket which lends you to see a taxable equivalent yield of 9% to 9.2%. that's a lot to pass up for an investor who is getting asurety of that return. >> talking about the search for yield and reach for yield, but we tend to think of it strictly in terms of the equity markets, not muni bonds as much as we did, say a year ago. >> it's easy owe make will call...
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is president obama putting enough pressure on russia, or do they just like to stick it in our eye? we're going to talk to the ranking member of the house foreign affairs committee about that and more. >>> banks, beware. that means you beware. the group that calls themselves the cyber fighters will launch attacks on the system through the next few weeks. sue, the joint is jumping. >> it sure is, ty, thank you. the bulls are indeed off and running on this first day of august. the dow hit an all-time high this morning, and since the bond buying began in november of 2008, the dow is up 86%. that kind of puts it in perspective, right? the s&p 500, the trade is better than 1%, the nasdaq is better than a percent and the russell 2000 is up 1.31%. the volatility index, down 3-3/4%. brent crude is now up almost 1-1/2%. u.s. manufacturing growth in july rising to its highest level in two years. weekly jobless claims dropping to a five and a half year low. and bob ask knd kenny are here put it in perspective. that is my favorite, an 86% move. the bears would say that's being und underpinned b
is president obama putting enough pressure on russia, or do they just like to stick it in our eye? we're going to talk to the ranking member of the house foreign affairs committee about that and more. >>> banks, beware. that means you beware. the group that calls themselves the cyber fighters will launch attacks on the system through the next few weeks. sue, the joint is jumping. >> it sure is, ty, thank you. the bulls are indeed off and running on this first day of august. the...
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let me emphasize, president obama, we in the united states, we believe in the united nations, and we have great respect for the brave inspectors who endured regime gunfire and obstructions to their investigation, but as ban ki-moon, the secretary-general has said again and again, the u.n. investigation will not affirm would used these chemical weapons. that is not the mandate of the u.n. investigation. they will only affirm whether such weapons were used. by the definition of their own mandate, the u.n. can't tell us anything that we haven't shared with you this afternoon or that we don't already know, and because of the guaranteed russian obstructionism of any action through the u.n. security council, the u.n. cannot galvanize the world to act as it should, so let me be clear. we will continue talking to the congress, talking to our allies and most importantly talking to the american people. president obama will ensure that the united states of america makes its own decisions based on our values and interests and on its own time line. we know after a decade of conflict the american
let me emphasize, president obama, we in the united states, we believe in the united nations, and we have great respect for the brave inspectors who endured regime gunfire and obstructions to their investigation, but as ban ki-moon, the secretary-general has said again and again, the u.n. investigation will not affirm would used these chemical weapons. that is not the mandate of the u.n. investigation. they will only affirm whether such weapons were used. by the definition of their own mandate,...
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obama care, affordable care. labor investment slowed and that stalled the recovery. i mean, it's classic just like the letter that keenes wrote to roosevelt in 1873. that clearly has had a big impact. >> so you're channelling kane for the first time in your life? >> no. >> never. i could do that, too. pick one thing that he said and say, see, he said that when everything else -- >> that's right. typically i would say a guy i'm not prone to quoting. >> you're quoting today. bruce, did -- any truth to that, do you think, or is this a much bigger ryan heart research? >> i'm going to say they're not. >> there was a piece of the study that was. obviously the depth and causes of the -- what do we call it, the great recession, that's why we have had such a technical recovery. what do you think, bruce? >> well, i think what's been going on in the last two or three years is we've had the public sector deleveraging all of this after having the private sector be the big source of weakness 2008 and 2010. don't lose sight of the global impact. i do think fiscal policy has a big r
obama care, affordable care. labor investment slowed and that stalled the recovery. i mean, it's classic just like the letter that keenes wrote to roosevelt in 1873. that clearly has had a big impact. >> so you're channelling kane for the first time in your life? >> no. >> never. i could do that, too. pick one thing that he said and say, see, he said that when everything else -- >> that's right. typically i would say a guy i'm not prone to quoting. >> you're...
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is obama care leading to a surge in part-time workers? now many people out there saying yes. steve liesman says probably not. he's here. why say no? >> it may yet but not seeing it in the data, brian. first of all, the growth rate of full-time workers is faster than the growth rate of part-time workers, and i want to show you some data we put together here. this is the share of part-time workers in percent of the total workforce. look at the graphic and here's what you see. the butk of the increase in percentage where parth tim workers were more was in 2008. since then ups and downs but since then the trend in the peak is downward so ultimately that share is declining, a slight increase but the administration contends that some of that is a result of the defense workers being furloughed because of the sequester. that may be true. that may not be true. you can't explain it all through the health care act and take a look at this piece of data from the empire state survey of the new york fed. what it shows is there has been some effect. 35% say because of the health care act i'm
is obama care leading to a surge in part-time workers? now many people out there saying yes. steve liesman says probably not. he's here. why say no? >> it may yet but not seeing it in the data, brian. first of all, the growth rate of full-time workers is faster than the growth rate of part-time workers, and i want to show you some data we put together here. this is the share of part-time workers in percent of the total workforce. look at the graphic and here's what you see. the butk of...
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we're not going to get it from president obama. but he should listen to the lessons of the president john f. kennedy, who 50 years ago was a pro-growth tax-cutting supply cidsid sider who finally got the american economy roaring. just wait until you see this on tape. you'll soon believe that jfk was a liberty-defending neocon supply side tax cutter. finally, speaking of taxes tonight, did you know the most expensive money-making colleges in america don't pay any taxes? that's right. they're tax-exempt. even while tuitions are skyrocketing. but the call to change all that is getting louder and louder. all those stories and much more coming up in "the kudlow report," beginning right now. >>> first up tonight, a strong selloff overseas as markets around the world took the brunt of fed taper fears. but less than 24 hours until the latest fed minutes are released, will investors hear more guidance from the fed? good evening, robert. >> hi, larry. the markets moved sideways today as interest rates were lower and emerging markets were not
we're not going to get it from president obama. but he should listen to the lessons of the president john f. kennedy, who 50 years ago was a pro-growth tax-cutting supply cidsid sider who finally got the american economy roaring. just wait until you see this on tape. you'll soon believe that jfk was a liberty-defending neocon supply side tax cutter. finally, speaking of taxes tonight, did you know the most expensive money-making colleges in america don't pay any taxes? that's right. they're...